Meitec Corporation
Meitec Corporation provides dispatch engineering solutions to manufacturing companies in Japan. It offers engineering solutions, including mechanical design, electrical/electronic design, software development, chemical engineering, and analysis/evaluation. The company was formerly known as Nagoya Technical Center Co., Ltd. and changed its name to Meitec Corporation in 1985. Meitec Corporation was… Read more
Meitec Corporation (MJ1) - Net Assets
Latest net assets as of September 2025: €47.17 Billion EUR
Based on the latest financial reports, Meitec Corporation (MJ1) has net assets worth €47.17 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€87.01 Billion) and total liabilities (€39.84 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €47.17 Billion |
| % of Total Assets | 54.21% |
| Annual Growth Rate | 2.93% |
| 5-Year Change | 9.67% |
| 10-Year Change | N/A |
| Growth Volatility | 1.94 |
Meitec Corporation - Net Assets Trend (2016–2025)
This chart illustrates how Meitec Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Meitec Corporation (2016–2025)
The table below shows the annual net assets of Meitec Corporation from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €48.77 Billion | +2.26% |
| 2024-03-31 | €47.70 Billion | +2.09% |
| 2023-03-31 | €46.72 Billion | +3.16% |
| 2022-03-31 | €45.29 Billion | +1.83% |
| 2021-03-31 | €44.47 Billion | +0.33% |
| 2020-03-31 | €44.33 Billion | +4.62% |
| 2019-03-31 | €42.37 Billion | +5.56% |
| 2018-03-31 | €40.14 Billion | +6.04% |
| 2017-03-31 | €37.85 Billion | +0.66% |
| 2016-03-31 | €37.60 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Meitec Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 78.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €43.94 Billion | 90.09% |
| Other Components | €4.83 Billion | 9.91% |
| Total Equity | €48.77 Billion | 100.00% |
Meitec Corporation Competitors by Market Cap
The table below lists competitors of Meitec Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INVESTIS HOLDING SF-,10
F:IYP
|
$465.32 Million |
|
New Pacific Metals Corp
NYSE MKT:NEWP
|
$465.42 Million |
|
Kraken Robotics Inc
OTCQB:KRKNF
|
$465.63 Million |
|
MPC Container Ships ASA
PINK:MPZZF
|
$465.83 Million |
|
Jiayuan Science and Technology Co.Ltd.
SHE:301117
|
$464.79 Million |
|
HangZhou Radical Energy Saving Technology Co Ltd
SHE:300652
|
$464.61 Million |
|
Anterix Inc
NASDAQ:ATEX
|
$464.45 Million |
|
Enaex S.A
SN:ENAEX
|
$464.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Meitec Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 47,697,000,000 to 48,775,000,000, a change of 1,078,000,000 (2.3%).
- Net income of 12,740,000,000 contributed positively to equity growth.
- Dividend payments of 12,188,000,000 reduced retained earnings.
- Share repurchases of 1,000,000 reduced equity.
- Other factors increased equity by 527,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €12.74 Billion | +26.12% |
| Dividends Paid | €12.19 Billion | -24.99% |
| Share Repurchases | €1.00 Million | -0.0% |
| Other Changes | €527.00 Million | +1.08% |
| Total Change | €- | 2.26% |
Book Value vs Market Value Analysis
This analysis compares Meitec Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.03x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €1330.54 | €17.18 | x |
| 2018-03-31 | €1423.99 | €17.18 | x |
| 2019-03-31 | €1518.37 | €17.18 | x |
| 2020-03-31 | €1605.99 | €17.18 | x |
| 2021-03-31 | €1634.44 | €17.18 | x |
| 2022-03-31 | €565.20 | €17.18 | x |
| 2023-03-31 | €595.75 | €17.18 | x |
| 2024-03-31 | €617.78 | €17.18 | x |
| 2025-03-31 | €631.74 | €17.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Meitec Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 26.12%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.57%
- • Asset Turnover: 1.42x
- • Equity Multiplier: 1.92x
- Recent ROE (26.12%) is above the historical average (21.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 21.53% | 9.20% | 1.36x | 1.72x | €4.33 Billion |
| 2017 | 20.97% | 8.82% | 1.36x | 1.75x | €4.15 Billion |
| 2018 | 20.26% | 8.69% | 1.32x | 1.77x | €4.12 Billion |
| 2019 | 20.84% | 9.03% | 1.31x | 1.76x | €4.59 Billion |
| 2020 | 20.51% | 9.00% | 1.30x | 1.75x | €4.66 Billion |
| 2021 | 15.80% | 7.27% | 1.29x | 1.69x | €2.58 Billion |
| 2022 | 20.40% | 8.62% | 1.31x | 1.80x | €4.71 Billion |
| 2023 | 26.22% | 10.29% | 1.41x | 1.81x | €7.58 Billion |
| 2024 | 25.88% | 9.72% | 1.40x | 1.90x | €7.57 Billion |
| 2025 | 26.12% | 9.57% | 1.42x | 1.92x | €7.86 Billion |
Industry Comparison
This section compares Meitec Corporation's net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $26,553,746
- Average return on equity (ROE) among peers: 16.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Meitec Corporation (MJ1) | €47.17 Billion | 21.53% | 0.84x | $465.27 Million |
| Amadeus Fire AG (AAD) | $26.55 Million | 16.27% | 0.55x | $93.38 Million |